Monthly Archives: September 2019

The Tezos Foundation has issued a number of new grants to projects that focus on various aspects of developing the Tezos network. The Tezos Foundation has issued grants to projects submitted in response to its latest request for proposals. Per a Sept. 10 announcement, the foundation has released 14 new grants to projects targeting the advancement of the Tezos project. Recipient projects prioritized developments such as applications built using Tezos smart contracts, Tezos block explorers, tools for smart contract development, Tezos-focused training resources and marketing initiatives that […]

Union Mobile, the fourth-largest mobile carrier in South Korea, announced the launch of its blockchain project ELYNET. Union Mobile, the fourth-largest mobile carrier in South Korea, announced the launch of its blockchain project called ELYNET. Using blockchain to make communication more efficient On Sept. 11, Union Mobile announced that ELYNET aims to use blockchain technology to make telecommunications more efficient for those users who rely on a single carrier for telecom service. ELYNET will purportedly allow users to freely use data communication services without roaming fees and […]

CEO of VanEck Associates Jan Van Eck said that the company is now offering a type of exchange-traded product with exposure to Bitcoin. The CEO of investment management firm VanEck Associates, Jan Van Eck, said that the company is now offering a type financial product with exposure to Bitcoin (BTC). In an interview with CNBC on Sept. 11, Van Eck said that the product offered by the firm is a broker-traded fund and is currently not available to the public, but to institutional investors only. Van Eck […]

Major cryptocurrency exchange Binance announced that Binance.US will open user registration and deposits on Sept.18. Major cryptocurrency exchange Binance announced that it will open registration and deposits on its platform for United States-based clients next week, Wednesday Sept. 18. Seven days to launch On Sept. 11, Binance announced in a blog post that Binance.US will open registration and begin accepting deposits of Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and Tether (USDT). CEO at Binance.US Catherine Coley said that following the registration opening, customers […]

In California, cryptocurrency payments are making headway in the cannabis industry as Berkeley City Councilmember Ben Bartlett became the first elected official to purchase cannabis using a digital asset. On Tuesday, Bartlett utilized bitcoin cash (BCH) and Cred’s LBA token to facilitate the transaction at the Ohana Cannabis dispensary in Emeryville. Also Read: Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash BCH and the Universal Dollar Stablecoin Used by an Elected Official to Purchase Cannabis in California Cryptocurrency enthusiasts have long dreamed of the […]

The U.K., the U.S, Hong Kong and Singapore have the largest number of registered digital currency exchanges, per a recent report. The United Kingdom, the United States, Hong Kong and Singapore have the largest number of registered digital currency exchanges, according to data from Bitfury’s blockchain analytics platform Crystal. Crystal published its “Report on International Bitcoin Flows 2013–2019” on Sept. 9, in which it provides insight into cryptocurrency operations and Bitcoin (BTC) transactions around the world between Jan. 1, 2013, and June 30, 2019. U.K. and U.S. […]

Thailand-based energy company PTT and blockchain energy nonprofit Energy Web Foundation are jointly building a blockchain-based renewables platform. Thai state-owned oil and gas company PTT and blockchain energy nonprofit Energy Web Foundation (EWF) are jointly building a blockchain-based renewables platform. According to a press release shared with Cointelegraph on Sept. 11, the parties are developing a regional solution based on the Energy Web Chain. The new product will also be compliant with the International Renewable Energy Certificate (I-REC) Standard, which certifies renewable energy sources. I-REC certificate demand […]

Bitcoin is gradually drifting down. Is this a buying opportunity or will it fall further? Let’s analyze the charts. The trade war between the United States and China has stoked fears of a recession. According to a survey by eToro, if a recession occurs, 40% of millennials would prefer to invest in crypto. However, Generation Z and Generation X investors are not convinced by crypto as they have chosen real estate and commodities as their preferred mode of investment. Gold Bullion International co-founder Dan Tapiero believes that […]

When we hopped on a call last Friday, Russell Okung had just left his last practice of the week, but he couldn’t get away without his teammates blasting him over Bitcoin. “Every single day,” Okung laughed over the phone when I asked him how often they give him flack. Towering like a modern day Ajax at 6’5” and 310 lbs, it’s hard to imagine anyone ragging on the two-time Pro Bowl left tackle for anything, really — unless, of course, the subject matter is something as absurd […]

Hong Kong-based Legacy Trust is creating a new business arm dedicated entirely to cryptocurrency custody. According to a press release shared with Bitcoin Magazine, the asset management firm has decided to fork its business, resulting in the “new and independent” First Digital Trust. The press release stressed that First Digital Trust will remain “linked to Legacy Trust, but at arm’s length” to ensure that each can focus on their respective custody services. For First Digital Trust, which anticipates that it will see “$28 billion worth of assets […]